We were a blank check company formed under the laws of the State of Delaware on January 20, 2021 for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses (a Business Combination ). On October 31, 2023, we consummated a merger with Royalty Management Corporat…
The business is unprofitable at the operating level (-5.93% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 513.3% YoY with margins expanding 32.8pp.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$6M
▲ +513.3% YoY
Net Income (TTM)
-$1M
▼ -536.2% YoY
Op. Margin
-4.75%
▲ +32.8pp YoY
ROIC
-1.49%
▲ +0.3pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
$22K
▼ -101.4% YoY
Net Debt
$142K
Cash & Equiv.
$344K
3Y CAGR: +202.5%
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